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[Oracle CFO: Plans to Add 7 GW of Data Center Capacity Over the Next Two Years] Oracle CFO Hilary Maxson stated that demand for cloud infrastructure is strong, and the company plans to add 7 GW of data center capacity over the next two years, bringing its total capacity to 10 GW. Customers are still signing contracts for the next two to four years, and the company has not yet seen any signs of a shift in demand. Oracle expects total revenue to exceed $225 billion in fiscal year 2030, with capital expenditures peaking in fiscal years 2027 and 2028, and anticipates achieving positive free cash flow starting in the second half of fiscal year 2028. (Source: Investor’s Business Daily)

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Today 2026-11-11
17:31

More than 7 million Bitcoins are at risk of quantum attacks.

17:29

Torus completes $500 million Series C funding round and launches AI inference computing product Foundry.

17:25

Maple co-founder Joe Flanagan will step down as chairman and leave the company.

17:22

ETH breaks through the $2100 mark

17:22

Bitcoin has fallen below the cost price for short-term holders, prompting large-scale Bitcoin holding addresses to start increasing their holdings.